belt tightening

(Freddie Campos)

Target Closing More Stores This Year Than In Last Two Years Combined

Yesterday, Target announced that it would be closing 11 underperforming stores by Feb. 2015, which only represents a small fraction of the retailer’s 1,800 stores in the U.S. But that brings this year’s total number of Target closures to 19, nearly five times the number of stores shuttered the previous year. [More]